i want my money you little fucking viking. you hear me Jens Stoltenberg!?
McKinsey’s LCDS Strategy Discredited
I think Guyanese know this already, but it was nice of Starbroek News to report the obvious. While McKinsey is held in high regard as a management consulting firm, its track record is less then enviable. While President Jagdeo was getting sold by the infamous 70 page power point slide show, McKinsey’s highest profile client and devoted follower of McKinsey doctrine was collapsing.
Enron had completely bought into the notion of hiring the best and brightest MBAs from the top schools. With the best talent money can buy, McKinsey recommends letting them pick and choose their own career paths, ultimately allowing them to find new value and bring great returns.
we got de cart. all we waan now is a good jackass
That McKinsey management strategy didn’t pay off so well for stockholders and employees. There were no returns, just a bunch of fancy special purpose entities (SPE’s) designed to mask losses and creative mark to market accounting gimmicks to pull potential future revenue into a current financial period. We all saw how well that worked. So now we learn that getting paid to leave trees standing probably isn’t an economically viable strategy. I’m shocked I tell you. It sure sounded like a great scheme. The President [Jagdeo] told us we earned the money. Norway owed us, “it’s your money” His Excellency told Toshaos at the November ’10 Conference!
come bai come leh we drink. we rich! wite man sennin plenty plenty money
Leave your chain saw at home and get paid to watch the trees grow while enjoying a bit of the rum, all paid for by Norway oil! My father told me money doesn’t grow on trees, but I really thought we had something here.
Who would have thought that getting paid for nothing wasn’t economically viable? We’ll have to review the studies to see where we went wrong. Oh that’s right, PPP doesn’t do studies on projects, it only announces projects, usually around election time.
I can’t wait for that new oil refinery next to the deep water port with the Marriott over looking the harbor that you can reach via the new road from Lethem or access on the new high speed fiber Internet with your family laptop all powered by Amaila Falls Hydo plant for pennies a kilowatt!
Is it Utopia or Ethiopia Bharrat is planning on giving us???
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